The Lithuanian president has hit at the government for “sluggishness” in addressing inflation. The president’s office even commissioned a poll, suggesting that nine out of ten Lithuanians believe the authorities are not doing enough. President Gitanas Nauseda’s office shared the results of the opinion poll by Baltijos Tyrimai on March 16. 53% of respondents said…
A total of 10.9 million GEL ($3.3 million or EUR 3 million) was spent on hotel service expenditures across Georgia between the pandemic outbreak and March 1 for using the spaces for quarantine The information, provided by the Georgian National Tourism Administration, also showed up to 198,007 people were provided with hotel services before the…
Remittances to Georgia from abroad reached $183.4 million in February, up by 13.7% YoY, the National Bank of Georgia (NBG) announced on March 15. The largest remittance senders were in Italy ($32.96 million), Russia ($21.94 million) and the United States ($21.10 million), the data also showed. Overall, a vast majority – 93.1% – of all…
In January, the number of foreign and resident visitors comprised 79.3 thousand, up 2.1-fold YoY, but twice as less than before the beginning of pandemic in January 2020. As compared to January last year, the number of nights spent by visitors comprised 146.6 thousand nights, up by 84.9%. In January, tourist accommodation establishments hosted 49.9…
President of Ukraine Volodymyr Zelensky promises maximum deregulation of business and calls for the resumption of business activities where there is no fighting. The Head of State made a corresponding statement in his evening address on March 14, after 19 days of resistance to the Russian aggression. According to him, the Cabinet of Ministers of…
The Lithuanian government is considering lowering excise duty on fuel in a bid to bring down soaring gasoline and diesel prices, Deputy Finance Minister Gediminas Norkunas said on March 14. “I cannot discuss anything until measures have been approved by the cabinet, but yes, we are looking at possible measures,” Norkunas told the parliamentary Committee…
In January, the foreign trade turnover of Latvia amounted to EUR 2.95 billion, which at current prices was 32.9% larger than a year ago, of which the exports value of goods was 29.6% higher and but imports value of goods – 35.8% higher. Latvia exported goods in the amount of EUR 1.37 billion and imported…